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$249,900

517 Topeka Dr, Woodway, TX, 76712

$324,870 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.11 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringVinyl

Exterior

Lot Size11,879 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362710000045008
Lot Number3
SubdivisionWestern Hts
Land UseResidential
Legal DescriptionWESTERN HTS LOT 3 BLOCK F ACRES .2727
Census Tract002503
Assessed Land Value$22,330
Assessed Improvement Value$256,290
Assessment Year2025

About this property

Welcome home to this spacious 3 bedroom, 2 bath home with over 2,100 square feet in the highly desirable Midway ISD! Located in an established neighborhood, this home is just minutes from shopping, schools, parks, and convenient highway access. Inside, you'll find vinyl plank flooring throughout, two large living areas, a formal dining room, and a breakfast area, offering plenty of space for everyday living. The home also features abundant storage and flexible laundry options with hookups in a hallway closet or a separate laundry storage room. Situated on a large lot, the backyard provides plenty of room to relax, entertain, or garden. The 2-car carport also serves as a covered patio, and the property includes a newer storage shed for extra storage or workspace plus an additional single-car covered parking With its spacious layout, ample storage, oversized lot, and excellent location, this home is ready for its next owners!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$99,880Estimated Mortgage Balance
$248,791Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$324,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Amanda Grundman

Magnolia Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,591
$234,300
2025
$22,330
$256,290
$278,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,591
$234,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$99,880
No
First
Dec 20, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,209
$248,791
73%
27%
$599/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$599/mo
+$871/mo
5.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Woodway

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517 Topeka Dr | Property Details | No Agent List